Menu
Media releases are provided as is by companies and have not been edited or checked for accuracy. Any queries should be directed to the company itself.
  • 30 April 2019 11:47

Malwarebytes Q1 Cybercrime Report

Ransomware sees a 325% increase from previous year, and is the fourth-most detected threat against businesses in APAC

SYDNEY – April 30, 2019 – MalwarebytesTM, the leading advanced endpoint protection and remediation solution, today announced the results of the Q1 2019 Cybercrime Tactics and Techniques report. The report is a culmination of data based on the Company’s unique threat analysis capabilities. Globally, Q1 showed a significant uptick in business ransomware detections (195 percent), along with continued momentum for Trojan variations by over 200 percent and a sharp decline in crypto mining. In APAC, the region has seen business malware detections on the rise, similar to global trends.

“Consumers might breathe a sigh of relief seeing that malware targeting them has dropped by nearly 40 percent, but that would be short-sighted,” said Adam Kujawa, director of Malwarebytes Labs. “Consumer data is more easily available in bulk from business targets, who saw a staggering 235 percent increase in detections year-over-year. Cybercriminals are using increasingly clever means of attack to get even more value from targets through the use of sophisticated Trojans, adware and ransomware.” Key findings for Asia Pacific: Key findings from APAC include:

1. Singapore ranks nine for the number of malware detections recorded in APAC Among the top ten countries including (in order of most detections) Indonesia, India, Thailand, Philippines, Vietnam, Australia, Malaysia, Pakistan, and Bangladesh, Singapore ranks number nine, with a total of 1,047,780 business detections. On the consumer side, there is 12,033,636 detections, giving a total of 13,081,416 detections in Q1. Adware, Trojan and Generic malware remains the most common detections for both businesses and consumers alike.

2. Ransomware is growing in prevalence Ransomware was ranked the fourth most common threat detected in APAC and has gained rapid momentum among business targets with an increase of 30% in detections from Q4 2018 to Q1 2019. Compared to the same time last year, business detections of ransomware have seen a rise of over 325%, due to rogue WannaCry infections still spreading through the APAC region due to unpatched systems.

3. Cryptomining is on the decline Between Q4 2018 and Q1 2019, there was a drop of 33% on consumer miners. From the same period the previous year, there have been a nearly 80% drop in consumer miner detections. A reverse trend was observed in businesses, who saw a rise of 77% on business miners between Q4 2018 and Q1 2019, and a 42% rise in business miner detections year on year. Overall, the crypto mining detections have been observed to slow down.

4. Emotet also continues to target enterprises. Businesses are the prime target The overall detections of Emotet on businesses have risen almost 200% from the previous quarter, and consumer detections have also showed a significant increase of 170%. In total, Emotet detections have shown a 230% increase between Q4 2018 and Q1 2019.

5. Backdoor Vools have been replaced by Viruses Last year, backdoor Vools utilising Eternal exploits was observed to be breaking into networks. Since the beginning of the year, Vools have seen a drop of 88% in detections of backdoors on businesses. In place of this threat is an increase in the use of Viruses, or file infectors, which modify executable files on the system and execute malicious code when launched. The use of viruses, essentially setting up more backdoors, is something worth noting for businesses and consumers, who are showing distrust towards the way organisations handle their data.

6. Globally, the APAC region comes in third place for the total number of detections A total of 14.1m malware detections were observed in APAC in Q1 2019, with Backdoors, Viruses, Exploits and Android Backdoors & Monitors as the top malware detected. APAC comes in third place behind North America (19.84m) & EMEA (19.8m).

“We have observed that the APAC region more often deals with threats that take advantage of unpatched or poorly secured systems, such as exploits or the use of file infector viruses. Compared to the Western focused attacks that focus more on social engineering and fooling the user, Eastern focused malware has a heavy focus on getting access to the systems which have been neglected by a company’s IT department. In 2019, it will be critical for enterprises and managed service providers to boost companies’ cyber defences and reduce their vulnerability of falling victim to cybercrime.” expressed Jeff Hurmuses, Area Vice President and Managing Director, Asia Pacific, Malwarebytes.

The full Cybercrime Tactics and Techniques Report is available at: https://resources.malwarebytes.com/resource/cybercrime-tactics-techniques-2019-q1-report/

To read more about Malwarebytes’ latest findings, visit our blog, follow us on Twitter, or check us out on LinkedIn.

About Malwarebytes Malwarebytes is trusted to protect people and businesses against the latest dangerous cyberthreats including malware, ransomware and exploits that traditional antivirus solutions fail to catch. Malwarebytes’ offers comprehensive defense and recovery technologies to safeguard devices whether at home or in the office, enabling users to protect themselves anywhere, anytime. Malwarebytes’ team of researchers and security experts protect more than 60,000 businesses and millions of people worldwide, combatting more than 8.8 million threats daily using artificial intelligence and machine learning to identify behavior and catch new threats rapidly. Driven by a desire to protect everyone’s right to a malware free existence, CEO Marcin Kleczynski founded Malwarebytes in 2008, and has grown the company to over 750 employees across the world today. The company is headquartered in California with offices in Europe and Asia.

For more information, visit http://www.malwarebytes.com/

MEDIA RELATIONS CONTACT: DEC PR on behalf of Malwarebytes malwarebytes@decpr.com.au +61 2 8014 5033

Submit a media release